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Does working as a Registered Nurse make sense financially in this economy ?
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Martin’s Answer
Great question! I'd say nursing is a smart financial move in today's economy and for the foreseeable future. The nursing field is experiencing a significant shortage, with some areas being particularly critical. No matter what area you're interested in, there's a wealth of job opportunities available, and it's predicted to remain this way for a long time. The compensation is quite impressive, and it can be even better depending on your location and unique expertise.
If you ever feel like shifting from bedside nursing, the field offers a wide array of related positions that your nursing background qualifies you for. Looking at the current situation and future projections, nursing could be one of the best investments you can make. It promises to yield more financial returns than the cost of your education. Plus, once you've established your initial background, there are endless opportunities for growth. You could become a nurse practitioner, healthcare administrator, or even branch out into the legal and insurance industries. So, go ahead, the nursing field is full of possibilities!
If you ever feel like shifting from bedside nursing, the field offers a wide array of related positions that your nursing background qualifies you for. Looking at the current situation and future projections, nursing could be one of the best investments you can make. It promises to yield more financial returns than the cost of your education. Plus, once you've established your initial background, there are endless opportunities for growth. You could become a nurse practitioner, healthcare administrator, or even branch out into the legal and insurance industries. So, go ahead, the nursing field is full of possibilities!
Updated
Cheryl’s Answer
Nursing is and will be the most trusted healthcare profession. Nurses are the wheels that turn every medical institution.
And our healthcare system is struggling, but from lack of providers of all kinds.
Nursing is a very stable and quite lucrative profession, and it’s getting better. If you search RN wages over the last years, you will be quite interested to see how well salaries have increased. Now after the Covid pandemic, the realization was observed that nursing on every level, and I mean educational level: LPN, RNs ( of every educational level: ASN, BSN, MSN, DNP ) were at the forefront of that crisis. We are the largest healthcare professional workforce. We do not abandon our patients. It is my opinion, that now as nursing recognizes its own power as a group, realized the strength of our knowledge, experiences and trustworthiness that our compensation for this will follow suit, finally. I am a nurse with my masters in anesthesia and I am a healthcare business owner. I am seeing this and am quite excited. In the nursing profession, there are so many different types of nursing available. Many hospitals will also help with furthering nursing education so this is definitely a bonus. Nursing is a very stable profession, and could be as lucrative as your imagination allows.
Search and see: What can I do with my nursing degree.
Good Luck!!
And our healthcare system is struggling, but from lack of providers of all kinds.
Nursing is a very stable and quite lucrative profession, and it’s getting better. If you search RN wages over the last years, you will be quite interested to see how well salaries have increased. Now after the Covid pandemic, the realization was observed that nursing on every level, and I mean educational level: LPN, RNs ( of every educational level: ASN, BSN, MSN, DNP ) were at the forefront of that crisis. We are the largest healthcare professional workforce. We do not abandon our patients. It is my opinion, that now as nursing recognizes its own power as a group, realized the strength of our knowledge, experiences and trustworthiness that our compensation for this will follow suit, finally. I am a nurse with my masters in anesthesia and I am a healthcare business owner. I am seeing this and am quite excited. In the nursing profession, there are so many different types of nursing available. Many hospitals will also help with furthering nursing education so this is definitely a bonus. Nursing is a very stable profession, and could be as lucrative as your imagination allows.
Search and see: What can I do with my nursing degree.
Good Luck!!
Updated
Hailey’s Answer
Experienced LPN here. I feel nursing as a whole is a financially stable career. Nurses are in demand and many places have reevaluated their pay scales throughout the last few years. There are also so many options as to where to work to suit any nurse! Best of luck!!